List Of Banks In Rwanda
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List Of Banks In Rwanda
This is a list of banks in Rwanda ; Commercial banks # Guaranty Trust Bank (Rwanda) plc - commonly referred to as GTBank Rwanda #Bank of Kigali # I&M Bank (Rwanda) - Formerly Commercial Bank of Rwanda (BCR) # Compagnie Générale de Banque (Cogebanque) # Equity Bank Rwanda Limited # Ecobank Rwanda # BPR Bank Rwanda Plc (a subsidiary of KCB Group). # Access Bank Rwanda # NCBA Bank Rwanda #Urwego Bank ; Microfinance banks #AB Bank Rwanda #Unguka Bank ; Development banks # Development Bank of Rwanda (BRD) - Owns 100% of Housing Bank of Rwanda (Banque de l'Habitat du Rwanda) (BHR) ; Cooperative banks # Zigama CSS. # Co-operative Bank Rwanda (In development) See also * List of banks in Africa * National Bank of Rwanda * Economy of Rwanda References External links Website of National Bank of Rwanda {{Africa topic, List of banks in Banks Rwanda Rwanda Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valle ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ...
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Lists Of Companies Of Rwanda
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Banks Of Rwanda
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Economy Of Rwanda
The economy of Rwanda has undergone rapid industrialisation due to a successful governmental policy. It has a mixed economy. Since the early-2000s, Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans. The Government's progressive visions have been the catalyst for the fast transforming economy. The President of Rwanda, Paul Kagame, has noted his ambition to make Rwanda the "Singapore of Africa". History Before the civil war and genocide In the 1960s and 1970s, Rwanda's prudent financial policies, coupled with generous external aid and relatively favorable terms of trade, resulted in sustained growth in per capita income and low inflation rates. However, when world coffee prices fell sharply in the 1980s, growth became erratic. Compared to an annual GDP growth rate of 6.5% from 1973 to 1980, growth slowed to an average of 2.9% a year from 1980 through 1985 and was stagnant from 1986 to 1990. The crisis peaked in 1990 when the first meas ...
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List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United Bank f ...
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Co-operative Bank Rwanda
Co-operative Bank Rwanda or Rwanda Co-operative Bank is a proposed commercial bank in Rwanda. It is expected to broaden "financial inclusion" in the country, working through the Umurenge Saccos and increasing financial services in rural areas.} Overview In July 2014, approximately 2,500 members of the Rwanda Cooperative Agency (RCA) met Paul Kagame, the President of Rwanda during an event called “Meet The President”. At that event, held in Kigali, the country's capital city, the president instructed the minister of trade and industry to establish a cooperative bank, in the shortest time possible. Under guidelines by the National Bank of Rwanda, the minimum capital required is Rwf5 billion (US$6 million). There are approximately 8,000 cooperatives (community cooperatives) in Rwanda, according to the RCA. The cooperatives are prepared to provide 60% of the needed start up capital. Also, there are an estimated 480 Saving and Credit Cooperatives, (Umurenge SACCOs) in the country ...
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Zigama CSS
Zigama Credit and Savings Bank (ZCSB), is a microfinance bank in Rwanda. The bank is one of the financial institutions licensed by the National Bank of Rwanda, the national banking regulator. History ZCSB was established in 1997 as Zigama Credit & Savings Society (ZCSS), also referred to as Zigama CSS, with its primary mission to serve the welfare of Rwanda's military families. In 2011, the institution received a commercial banking license and rebranded to its current name. Since Its formation, the cooperative bank has accepted membership from Rwanda Police Force and Rwanda Correctional Services. Overview The bank is a licensed cooperative bank, serving its members in Rwanda. , the total asset valuation of the institution was in excess of US$143 million (RWF:90 billion). Ownership , the detailed shareholding in the stock of Zigama Credit and Savings Bank are not publicly known. The bank is majority owned and administered by members of the Rwanda Defence Forces. Branch network ...
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Housing Bank Of Rwanda
Housing Bank of Rwanda (HBR), also known as Rwanda Housing Bank, was a commercial bank in Rwanda. Its name in French (language), French is Banque de l'Habitat du Rwanda SA (BHR). The bank was one of the commercial banks licensed by the National Bank of Rwanda, the national banking regulator. History The bank was opened in 1975, as a housing finance institution as well as a real estate developer. HBR was registered as a limited liability company. On 2 July 2004, the National Bank of Rwanda, the country's Central Bank, granted HBR a Provisional License to operate as a Housing Bank. The license was contingent upon the institution raising its share capital to the minimum of US$2.65 million, to comply with then current banking laws in Rwanda. On 25 February 2005, the shareholders of Banque de l'Habiatat du Rwanda (BHR), held an Extra Ordinary General Meeting and decided to increase their share capital to the required minimum, to change their name to Housing Bank of Rwanda and to chan ...
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Rwanda Development Bank
Development Bank of Rwanda, commonly referred to by its French name Banque Rwandaise de Développement (BRD), is a development bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the national banking regulator. Overview The bank began its operations in 1967, as a long-term financial services provider, with the financing geared towards national development projects. , the total asset valuation of the bank was approximately US$122 million (RWF:72 billion), with shareholders equity of approximately US$42.3 million (RWF:25 billion) Areas of Intervention Thareas of Interventio include the following: * Agriculture ; * Exports & Manufacturing; * Student Loans; * Energy; * Housing & Infrastructure; * Digital Economy; * Social Infrastructure Special Projects The Development Bank of Rwanda offers great products to its customers. These are: 'Special Projects'' * Access to Finance Grant Facility * Jya Mbere * Cana Uhendukiwe * Clean Cooking * Gira I ...
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Kigali
Kigali () is the Capital (political), capital and largest city of Rwanda. It is near the nation's geographic centre in a region of rolling hills, with a series of valleys and ridges joined by steep slopes. As a primate city, Kigali has been Rwanda's economic, cultural, and transport hub since it became the capital following independence from Belgian rule in 1962. In an area controlled by the Kingdom of Rwanda from the 17th century and then German East Africa, by the German Empire, the city was founded in 1907 when Richard Kandt, List of colonial residents of Rwanda, the colonial resident, chose the site for his headquarters, citing its central location, views and security. Foreign merchants began to trade in the city during the German era, and Kandt opened some government-run schools for Tutsi Rwandan students. Belgium East African campaign (World War I), took control of Rwanda and Burundi during World War I, forming the mandate of Ruanda-Urundi. Kigali remained the seat of colo ...
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Unguka Bank
Unguka Bank Plc (UB), commonly known as Unguka Bank, is a microfinance bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the country's banking regulator. Overview , UBL was a small but growing financial service provider, whose total asset valuation and shareholders' equity were publicly unknown at this time. At that time, the bank had 556 shareholders and 14 branches. History The institution was founded in 2005, as Unguka Microfinance Limited, by 215 investors with total capital of about US$538,400 ( RWF:321.1 million). In 2008, the bank's processes were automated. In 2012, the institution transformed into a microfinance bank, following the issuance of a microfinance banking licence by the National Bank of Rwanda. The bank rebranded as Unguka Bank Limited. Ownership The stock of Uguka Bank is privately owned by corporate and individual investors. At this time, the detailed shareholding in the bank is not publicly known. 35% shareholding is owned b ...
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